“From Russia to Tajikistan”: changing the way money moves


​ Could blockchain-based payment systems make financial access easier for migrant workers sending remittance payments from abroad, make the transfer cheaper, faster and more secure ? Citizens of Tajikistan rely heavily on remittances . A lack of job opportunities means that up to 1 million (out of a population of 8 billion) migrate elsewhere for work, mostly Russia. Until 2014, the share of remittances made up around 43 percent of the national GDP, roughly US$4 billion a year , The global recession and the depreciation of the Russian and Tajik currencies against the US dollar has since caused a sharp decline in remittances. But its share is still significant at 20-25 percent, as labor migration continues to be attractive .  When we vis...
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BLOCKCHAIN RESEARCH


We have recently started to work on the White Paper with Blockchain - the world's leading Bitcoin software company. Together we are working on better understanding the development space and evaluating how this technological innovation can bring about radical transparency & efficiency in the flow of aid.The paper is exploring six key sectors - trade finance, remittances, digital ID, development aid financing, property rights, and energy blockchain. We're cooperating with the Joint Research Center of the European Commission (check out an impressive line up of people they've had for a discussion on distributed ledger technologies a few months back) on design of a challenge prize for social applications of blockchain that would (hopefully) ...
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TAJIKISTAN: SENDING REMITTANCES FROM RUSSIA TO TAJIKISTAN


In Tajikistan, we are working with BitSPark on investigating possibilities to transfer remittances money from Tajikistan workers from Russia to Tajikistan using Bitcoins. Remittances are a growing and critical lifeline for many people and countries around the world, as demonstrated clearly by Tajikistan where 50% of the country GDP relies on remittance income. ​
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MOLDOVA - Testing use of Emercoin/Blockchain for Fleet Management


In Moldova, we are testing to find out if Blockchain can provide a more effective way of managing the United Nations car fleet. On this project we cooperate with EmerCoin - a digital currency and blockchain service platform and with DeePlace company. The blockchain technology is to demonstrate the possibility of a more effective way of managing the UN car fleet in an emergency situation. Blockchain could provide a more effective way of transferring and tracking funds.
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SERBIA - SENDING REMITTANCES FROM SERBIAN DIASPORA TO THE CITY OF NIS BENEFICIARIES


As remittances are an important part of the economic impact of migration, in Serbia we're working on designing a proof of concept for remittance transfers over blockchain. The program's goal is to find a cheaper cross-border transfer system which cuts out intermediaries such as Western Union, and targeted toward specific needs in Serbia. In this project, we are working together with AidTech - a blockchain startup, one among ten finalists of the European Commission 2016 Social Innovation Competition. ​
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UNDPCrowd – a New Kid on the Block?


She is in her 30-ies, borderless, decentralised and the Master-Mind of "Governance 2.0", the BitNation. Her name is Susanne Tarkowski Tempelhof and she shook the minds of #UNDPCrowd yesterday, as the Sun set down over Bosporus and the room was getting hot, powered by each person emitting 100 Watts worth of heat. 100×70=7kW heat. It is so hot I can't think. What the hack is BitNation? I'll quote them as that is the zest of their existence: „ BitNation does not care where in the world you are from, where you live, or what passport you hold. Everyone has the right to enjoy high-end, competitive governance services." And that is the point behind a gal who left school when she was fifteen and is self-thought since. She did quite well with self-e...
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UNDPCrowd – a New Kid on the Block?


She is in her 30-ies, borderless, decentralised and the Master-Mind of "Governance 2.0", the BitNation. Her name is Susanne Tarkowski Tempelhof and she shook the minds of #UNDPCrowd yesterday, as the Sun set down over Bosporus and the room was getting hot, powered by each person emitting 100 Watts worth of heat. 100×70=7kW heat. It is so hot I can't think. What the hack is BitNation? I'll quote them as that is the zest of their existence: „ BitNation does not care where in the world you are from, where you live, or what passport you hold. Everyone has the right to enjoy high-end, competitive governance services." And that is the point behind a gal who left school when she was fifteen and is self-thought since. She did quite well with self-e...
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Talking in tongues: From crypto currencies to breaking blockchains


​ From equity-based crowfunding and person-to-person lending, to crypto currencies and mobile money; entirely new players are disrupting the field of financing for development and public policy. So, what does this alternative finance space look like? Who are the new players and what are they up to? Crowd-power According to the World Bank, the crowdfunding market is expected to grow to US $100 billion by 2025. Recent research shows that – despite living in countries where the cost of doing business is quite high – entrepreneurs are successfully raising money by crowdfunding, and bypassing loads of red tape in the process. (Image via Allied Crowds) And it's not just money. New platforms are springing up focusing on everything from expertise a...
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